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hours to go before we go over the fiscal cliff. a top lawmaker reporting progress in the last-ditch efforts to hammer out a deal in time. a health crisis lands secretary of state hillary clinton in the hospital, what doctors are telling us about her condition. plus, iran test firing a new range of weapons right near the strait of hormuz where a chunk of oil passes each day. the impact on the middle east and on our world, it's all "happening now." >> reporter: there is a note of optimism in the race to avoid the fiscal cliff. hello, everybody, i'm uma pemmaraju in for jenna lee today. jon: good to have you here. optimism is always a good thing in washington. that is in short supply. ringing in 2013 at midnight tonight could mean ringing in more than half a trillion dollars in tax hikes and a hundred billion dollars worth of spending cuts from defense and other key domestic programs, that is if no deal is reached in time to avert it. both the house and senate with rare new year's eve sessions today as they try to hammer out some sort
hours to go before we go over the fiscal cliff. a top lawmaker reporting progress in the last-ditch efforts to hammer out a deal in time. a health crisis lands secretary of state hillary clinton in the hospital, what doctors are telling us about her condition. plus, iran test firing a new range of weapons right near the strait of hormuz where a chunk of oil passes each day. the impact on the middle east and on our world, it's all "happening now." >> reporter: there is a note of...
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we're inside 30 hours from when we all go over the so-called fiscal cliff, if our elected leaders cannot fix the mess they've set into motion. they're hoping for, we understand now, a little divine intervention. >> have mercy upon us as we gather, with so much work left undone. >> well, they've tried everything else. now, praying for a solution to keep americans from feeling the impending higher taxes and keep spending cuts, the senate opening a special sunday session with the chaplain. >> move us and save us from self-inflicted wounds. >> harris: our coverage continues as lawmakers are still at it tonight. and a new video after plane crash that appeared to leave no survivors and the death toll rising and see the huge airliner cracking. and investigations now point to equipment on board. also, feeling the bite of winter weather, again. the northeast taking the brunt of the new system just as many of you head this way to ring in the new year. your travel forecast. it has all come down to this again. crunch time in our nation's capital, and they could very well hang in the balance, and tal
we're inside 30 hours from when we all go over the so-called fiscal cliff, if our elected leaders cannot fix the mess they've set into motion. they're hoping for, we understand now, a little divine intervention. >> have mercy upon us as we gather, with so much work left undone. >> well, they've tried everything else. now, praying for a solution to keep americans from feeling the impending higher taxes and keep spending cuts, the senate opening a special sunday session with the...
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good to be with you. >>> fiscal cliff talks, we are at a standstill, 32 hours before we reach the edge of this press cis miss. senate sfleshts taken the time out to speak after the butting heads on two key issue, one involving tax rates, the other social security. ali velshi is in new york, dana bash is live on capitol hill. we will start with you, dana. what has gotten lawmakers now not seeing eye to eye? >> reporter: actually, let me answer that by asking one of the members of the senate republican leadership, senator john thune, who just came out of the senate republican meet egg. senator, can you tell us where do things stand as far as republicans feel? >> well, look, republicans advanced a proposal last night. you heard senator mcconnell talk about that on the floor. we are still awaiting a counteroffer by the democrats. and there was an indication that we could have received that by 10:00 this morning. we have yet to receive it. but there are discussions that continue. senator mcconnell and vice president biden are continuing to discuss this and we think there perhaps still could
good to be with you. >>> fiscal cliff talks, we are at a standstill, 32 hours before we reach the edge of this press cis miss. senate sfleshts taken the time out to speak after the butting heads on two key issue, one involving tax rates, the other social security. ali velshi is in new york, dana bash is live on capitol hill. we will start with you, dana. what has gotten lawmakers now not seeing eye to eye? >> reporter: actually, let me answer that by asking one of the members of...
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we are going over the fiscal cliff. we are going either all the way over or going partly over, but we are definitely, definitely going over. that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it is now. >> allow me a quick update here. that press conference, it came after president obama met with john boehner and nancy pelosi and harry reid and mitch mcconnell, so all the key congressional leaders. and listen to the president here. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't g
we are going over the fiscal cliff. we are going either all the way over or going partly over, but we are definitely, definitely going over. that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our...
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we are inside 30 hours from when we all go over the so-called fiscal cliff. if our elected leaders cannot fix the mess they set into motion. they are hoping for we understand a little divine intervention. >> oo have mercy upon us as we gather with so much work left undone. >> they have tried everything else. now praying for a solution to keep americans from feeling the impending higher taxes and deep spending cuts. the senate opening a sunday session with its chaplain. >> look and save us from self-inflicted wounds. >> our coverage continues as lawmakers are still at it. tonight. new video of a plane crash that appeared to leave no survivors the death tole rising. now we see this huge airliner crack into pieces. the latest on what happens here as investigators point to some equipment on boyered. >> al -- on board. >> also feeling the fight of winter weather again. northeast taking the brunt of a new system as many of you head this way to bring in the new year your travel forecast. >>> it has all come down to this again. crunch time in our nation's capital. th
we are inside 30 hours from when we all go over the so-called fiscal cliff. if our elected leaders cannot fix the mess they set into motion. they are hoping for we understand a little divine intervention. >> oo have mercy upon us as we gather with so much work left undone. >> they have tried everything else. now praying for a solution to keep americans from feeling the impending higher taxes and deep spending cuts. the senate opening a sunday session with its chaplain. >> look...
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is now on the edge of the fiscal cliff. hours to go until the deadline and as we get closer in theory, the pentagon is getting ready to layoff quite literally thousands of employees because of the automatic spending cuts that go into effect if no deal is reached in d.c. at midnight. we have more on that fall out, hunter? >> how you doing simon? ? yes, just to flush out a little bit of what ber that was talking about, is delaying the spending cuts, down to the wire of the fiscal cliff negotiations. it is an absolute must across the potomac river at the pentagon. there would be a $55 million in spending, about 10% cut in many programs while a lot could be delayed, the most immediate contingency is notifying an estimated 800,000 civilian employees about furloughs in the new year. south carolina senator lindsay graham after he was contacted by secretary of defense leon panetta. >> he says if we do that, it will shoot the defense department in the head and we will have to send out 800,000 layoff notices at the beginning of the y
is now on the edge of the fiscal cliff. hours to go until the deadline and as we get closer in theory, the pentagon is getting ready to layoff quite literally thousands of employees because of the automatic spending cuts that go into effect if no deal is reached in d.c. at midnight. we have more on that fall out, hunter? >> how you doing simon? ? yes, just to flush out a little bit of what ber that was talking about, is delaying the spending cuts, down to the wire of the fiscal cliff...
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from going -- hike, from -- going over the fiscal cliff, still in the final hours. >> the house and senate convened for rare sunday sessions in hoping of bridging major impasses. >> conversations and discussions continue and we remain hopeful that'll get a breakthrough. >> we'll pass a minimalist bill so that we won't go over the cliff and then i think we have to go from there. >> on nbc's meet the press, president obama made a final pitch for his plan to preserve bush era tax cuts for welt healthy americans. >> a mijor sticking point continues to be -- major annual sticking point, the threshold has waiverd from $250,000 to as high as millionion dollar. the country doesn't have a tax revenue problem. t has a spending problem. john boehner issued a statement saying republicans have made every effort to make the balanced agreement that the president promised the american people. we've been reasonable and respondent. the president is the 1 who's never been able to get to yes. >> what i ran on and what the american people elected me to do was to put fourth a balanced approach. >> despite the o
from going -- hike, from -- going over the fiscal cliff, still in the final hours. >> the house and senate convened for rare sunday sessions in hoping of bridging major impasses. >> conversations and discussions continue and we remain hopeful that'll get a breakthrough. >> we'll pass a minimalist bill so that we won't go over the cliff and then i think we have to go from there. >> on nbc's meet the press, president obama made a final pitch for his plan to preserve bush...
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two hours left from the fiscal cliff. the revelers are ready to party, and we are here for you all night. back to the programming totion e that injunction against the contraceptive mandate? >> it is a surprisingri, pringlehey lt be >> a christian-based company, and they think that that is part of their credo, and 10mandment l commandments, the golden rule. the living hearing purchase pilt will kill babies. we are not going to do it. but the circuit court, the appeals court said we are going to hold up that ruling against it. in this particular case, the court says you are right that your religious exercise is something limited. you can still were shut and you say to that you are limited wit. rtgard to obamacare.ou now come the ccuit court is saying nothing can happen until the appeal is theard. lou: as you say, well, -- it iss a short odds proposition to have got the injunction. how long are the odds to move to the supreme court? >> i think the odds are not good. o o end, they are ensuring that the catholic organizationsc
two hours left from the fiscal cliff. the revelers are ready to party, and we are here for you all night. back to the programming totion e that injunction against the contraceptive mandate? >> it is a surprisingri, pringlehey lt be >> a christian-based company, and they think that that is part of their credo, and 10mandment l commandments, the golden rule. the living hearing purchase pilt will kill babies. we are not going to do it. but the circuit court, the appeals court said we...
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back to washington for a vote on a fiscal cliff deal. assuming one can be hammered out. joining me, one of those members james langford at the rotunda. give us the inside school in what do you make of the current impasse? >> 80s frustrating impasse. the house passed our see questation document in in may. we're still waiting for harry reid to move something through the senate to respond what we passed in may in the house of representative. we're all watching as well. >> what do you make of the compromises on the table and sticking points. >> there's no compromise out of the senate at this point. what we put out in the house, we pass something, the senate passes and we do a compromise from that. we did our part in the house seven months ago and we're waiting on the senate. we're at the final hour. this was no surprise. year and ayear and a half ago ws deadline. why the senate hasn't respond we have no idea. >> haven't there concessions bandied about? >> yes but at the end of the day it's talk. you have to have a piece of legislation to neg
back to washington for a vote on a fiscal cliff deal. assuming one can be hammered out. joining me, one of those members james langford at the rotunda. give us the inside school in what do you make of the current impasse? >> 80s frustrating impasse. the house passed our see questation document in in may. we're still waiting for harry reid to move something through the senate to respond what we passed in may in the house of representative. we're all watching as well. >> what do you...
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update how the fiscal cliff wall street as we near the 11th hour. and again a look at the ohio clock position. reporters just talking to reporters. waiting for something. keep it here. at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> bret: our top story at the bottom of the hour, two words, fiscal cliff. u.s. is going over it tonight. the senate majority leader has not moved a bill to the floor yet. the house would only deal with whatever the senate passed. if it did anything and the house is adjourned for tomorrow. the deadline will be missed. all indications are expecting to bring something forward tonight before midnight. still the deadline of midnight will be missed and the country will go over the fiscal cliff. here is how the potential deal, the f
update how the fiscal cliff wall street as we near the 11th hour. and again a look at the ohio clock position. reporters just talking to reporters. waiting for something. keep it here. at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and...
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with less than 15 hours to go before the fiscal cliff deadline, the new year's countdown is taking on a whole new meaning. >>> health scare. just days before secretary of state hillary clinton was set to return to work, she suddenly is hospitalized for a blood clot stemming from that concussion she sustained recently. >>> and in an nbc news exclusive, president obama lays out his second-term priorities, and guns didn't make the list. >>> plus, is there new hope for chuck hagel? the president defends his possible defense secretary pick. >>> good morning from washington. it's the last day of the year, december 31st, 2012, and this is "the daily rundown." i'm chris cillizza in for chuck todd. with sweeping tax increases and across-the-board spending cuts set to take effect at midnight, even lawmakers are now publicly pessimistic about the ability of congress to, well, get anything done. at best, democrats and republicans will patch together a limited, short-term deal to avoid the most immediate economic impacts of the fiscal cliff. with 15 hours to go and counting, members of congress ar
with less than 15 hours to go before the fiscal cliff deadline, the new year's countdown is taking on a whole new meaning. >>> health scare. just days before secretary of state hillary clinton was set to return to work, she suddenly is hospitalized for a blood clot stemming from that concussion she sustained recently. >>> and in an nbc news exclusive, president obama lays out his second-term priorities, and guns didn't make the list. >>> plus, is there new hope for...
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hours before the nation is set to fall off the fiscal cliff. >> there are are still significant differences between the two sides, tpheg orbiations continue. >>> if respects and temaccurates can not strike a deal before midnight monday taxes will go up for almost every american. automatic spending cuts will kick in and millions will lose unemployment benefits. >> i want everyone to know i am willing to get had this done. i need a dance partner. >>> republicans introduced a proposal by slowing the growth of social security. senators say there is movement as both sides try to compromise about which americans should start paying a higher tax rate. >> this is a lot of give and take going on right now. but republicans don't want to see new revenues, in other words democrat tax increases being used for new spending. >> in an unusual move republicans here on capitol hill called on the nation's number 2 democrat, biden, to help with the negotiations, this has at white house places a lot of the blame on the g.o.p. >> they say their biggest prierity is making sure we deal with the deficit but the way
hours before the nation is set to fall off the fiscal cliff. >> there are are still significant differences between the two sides, tpheg orbiations continue. >>> if respects and temaccurates can not strike a deal before midnight monday taxes will go up for almost every american. automatic spending cuts will kick in and millions will lose unemployment benefits. >> i want everyone to know i am willing to get had this done. i need a dance partner. >>> republicans...
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just 30 hours remain before the country goes over the fiscal cliff, and we're still waiting for a deal. good evening. i'm chris jansing. the senate is going home for tonight. democratic and republican leaders had hoped to reach an agreement by 3:00 this afternoon. >> i was really glad to hear republicans have taken their demand for social security benefit cuts off the table. the truth is, it should never have been on the table to begin with. there's still significant distance between the two sides, but negotiations continue. there's still time left to reach an agreement, and we intend to continue negotiations. i ask unanimous content that the senate proceed tomorrow morning. >> earlier, they took to the floor to explain the setback in negotiations this morning. >> i'm concerned about the lack of urgency here. i think we all know we're running out of time. this is far too much at stake for political gamesmanship. the consequences of this are too high for the american people to be engaged in a political messaging campaign. i'm interested in getting a result here. >> this morning, we've b
just 30 hours remain before the country goes over the fiscal cliff, and we're still waiting for a deal. good evening. i'm chris jansing. the senate is going home for tonight. democratic and republican leaders had hoped to reach an agreement by 3:00 this afternoon. >> i was really glad to hear republicans have taken their demand for social security benefit cuts off the table. the truth is, it should never have been on the table to begin with. there's still significant distance between the...
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hours by hour, inch by inch, the nation sliding closer to the fiscal cliff. we'll have more on this morning's negotiations and what we'll lose if those talks fail. and workers in some states may see a pay raise but may not notice much of a difference. >>> guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. we're live at the white house with the latest details. plus this. >> reporter: i'm alina cho in times square, where just hours from now new york will host what is arguably the biggest new year's eve party in the world. number one tip. if you plan to come to times square, dress warmly. it is frigidly cold. "cnn newsroom" starts right now. >>> good morning. i'm suzanne malveaux sitting in for carol costello. this morning the clock ticking louder. the nation inching closer to this fiscal cliff. we could be just hours away from seeing all of our paychecks shrink. we're following all the last minute drama to avoid that, of course. brianna keilar is covering this morning's urgent talks happening in washington.
hours by hour, inch by inch, the nation sliding closer to the fiscal cliff. we'll have more on this morning's negotiations and what we'll lose if those talks fail. and workers in some states may see a pay raise but may not notice much of a difference. >>> guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. we're live at the white house with the latest details. plus this. >> reporter: i'm alina cho in times square, where just...
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. >>> going over the fiscal cliff could be hours away. the countdown to the new year could bring economic gloom if congress doesn't get a compromised bill to the president before midnight toe without a deal tanks are set to go up for -- midnight tonight. without a deal taxes are set to go up for everybody. >> reporter: they will meet again i the tension is growing here in washington after the weekend talks failed to lead to a deal, if there is no breakthrough today, the country will go over the cliff. talks continue, this morning still no deal. >> further announcements perhaps at 11:00 in the morning, i hope so. >> reporter: republicans and democrats negotiated all weekend with the hope of passing legislation that would protect most from a massive tax hike set to kick in tonight midnight. >> the president: our top priority has to be to make sure that taxes on middle class families do not go up. >> reporter: there was optimism about a deal over the weekend when the republican leader in the senate, mcconnell made offer that ended when major
. >>> going over the fiscal cliff could be hours away. the countdown to the new year could bring economic gloom if congress doesn't get a compromised bill to the president before midnight toe without a deal tanks are set to go up for -- midnight tonight. without a deal taxes are set to go up for everybody. >> reporter: they will meet again i the tension is growing here in washington after the weekend talks failed to lead to a deal, if there is no breakthrough today, the country...
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the senate plowed through the ball drop into the early hours of 2013 on their side of the fiscal cliff deal. as if your hangover isn't bad enough, time is running short for the house to act. we're just two hours away from speaker boehner reconvening that chamber to do what? we still don't know. maybe they'll vote. maybe they'll debate. good morning. i'm mara schiavocampo. happy new year on a busy first day of 2013. well, most of us were celebrating into the wee hours of new year's eve while the senate was passing a deal to avoid the worst of the fiscal cliff hangover. the bill passed by a wide margin 89-8 setting up a showdown in the house which will convene at high noon on this new year's day. republican mitch mcconnell said the process wasn't pretty but got the job done. >> each of us could spend the rest of the week stusing what a perfect solution would have looked like but the end result would have been the largest tax increase in american history. it took an imperfect solution to prevent our constituents from a very real financial pain. in my view, it was worth the effort. >> nbc'
the senate plowed through the ball drop into the early hours of 2013 on their side of the fiscal cliff deal. as if your hangover isn't bad enough, time is running short for the house to act. we're just two hours away from speaker boehner reconvening that chamber to do what? we still don't know. maybe they'll vote. maybe they'll debate. good morning. i'm mara schiavocampo. happy new year on a busy first day of 2013. well, most of us were celebrating into the wee hours of new year's eve while the...
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they want to keep her in the hospital for 48 hours for observation. >>> 26 hours before the fiscal cliff deadline and for now, lawmakers have hit an impasse. what happens if no deal is reached? specifically, how much would you pay in taxes? there's a calculator online to help you figure that out. we have a breakdown. josh levs breaks it down. >> if you want to have a sense of how the fiscal cliff could affect you. in terms of how much more you would pay in taxes, let's take a look at this great tool right here, from the tax policy center, it's called the tax calculator. it allows you to plug in all sorts of information about yourself and family, to find out how your taxes would change based on all sorts of factors. now, it is just an estimate. it can't predict the future. but there are some really good ways to find out how the fiscal cliff would hit you at home. what we've done, we've taken a couple generic examples. let's start off with this one right here. this is a married couple with one child in college. if this couple has an income around $39,000 tax bill goes up $2,700. look at th
they want to keep her in the hospital for 48 hours for observation. >>> 26 hours before the fiscal cliff deadline and for now, lawmakers have hit an impasse. what happens if no deal is reached? specifically, how much would you pay in taxes? there's a calculator online to help you figure that out. we have a breakdown. josh levs breaks it down. >> if you want to have a sense of how the fiscal cliff could affect you. in terms of how much more you would pay in taxes, let's take a...
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fiscal cliff negotiations. take a listen. >> flt we'if we're going to be about deficit reduction and debt reduction it's going to have to be a matter of shared sacrifice at least as long as i'm president and i'm going to be president for the next four years i hope. [ cheers and applause ] >> joining us now, julian epstein, a democratic strategist and dr. james peterson, an associate professor at lehigh university and a contributor to thegrio.com. welcome, both of you. julian, when you hear the president talk like that, do you get the sense that the white house believes it will not be blamed if no deal materializes and also now we hear the house is going to take a pass on a vote today. >> yeah, i think the house will likely vote tomorrow or the next day, so that won't matter so much. i think all the polling shows that the public was blaming and would blame the republicans if we had an economic calamity that resulted from not having a deal, and i think as to the president's performance today, i think it is import
fiscal cliff negotiations. take a listen. >> flt we'if we're going to be about deficit reduction and debt reduction it's going to have to be a matter of shared sacrifice at least as long as i'm president and i'm going to be president for the next four years i hope. [ cheers and applause ] >> joining us now, julian epstein, a democratic strategist and dr. james peterson, an associate professor at lehigh university and a contributor to thegrio.com. welcome, both of you. julian, when...
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lawmakers are running out of time to avert the fiscal cliff. the latest on the 11th-hour scramble.
lawmakers are running out of time to avert the fiscal cliff. the latest on the 11th-hour scramble.
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capitol hill stall in the final hours to avert falling over the fiscal cliff. senate leaders need to put something together to avoid tax increases for just about everyone and big spending cuts. senator claire mccaskill says a make or break deal comes down to a few lawmakers on the topic of raising taxes for the wealthy. >> it remains to be seen whether the republicans being driven by a very extreme group of house members will allow our economy to hurt because of their sdrir to protect moulty millionaires in this country. that's what it's going to boil down to. republican representative tom cole says he's confident that boehner can get the votes he needs. >> on the speaker's plan, he had over 200 republican votes, it's not as if he doesn't have an awfully strong hand to play. if it's a deal that john boehner can accept, it will be passed in a bipt manner with a very strong majority. if on the other hand he's neutral and not favorable, his chances will be a lot slimmer. >> lisa desjardins following the news on capitol hill. do you have any good news for us, lisa?
capitol hill stall in the final hours to avert falling over the fiscal cliff. senate leaders need to put something together to avoid tax increases for just about everyone and big spending cuts. senator claire mccaskill says a make or break deal comes down to a few lawmakers on the topic of raising taxes for the wealthy. >> it remains to be seen whether the republicans being driven by a very extreme group of house members will allow our economy to hurt because of their sdrir to protect...
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fiscal cliff. we'll bring that live to you when it happens. sources are telling fox news that congress has figured out the tax part. the main bone of contention is at this point the spending. the white house wants new spending using tax hikes to prevent some of the severe budget cuts that also kick in in 11 hours from now. republicans argued that is just robbing pete tore pay paul. chief congressional correspondent mike emanuel is live at the capitol following all of the bouncing balls. hey, mike. >> reporter: one concern for republicans as they look at this deal is what about spending cuts? where are the spending cuts? it sounds like they are getting close in the talks between vice president joe biden and the senate republican leader mitch mcconnell but there is not a deal until senator mcconnell knows he has enough support. let's take a look at some of the key points of a framework of the deal according to sources close to the talks. it would raise taxes on income tax amounts above $400,000 for i
fiscal cliff. we'll bring that live to you when it happens. sources are telling fox news that congress has figured out the tax part. the main bone of contention is at this point the spending. the white house wants new spending using tax hikes to prevent some of the severe budget cuts that also kick in in 11 hours from now. republicans argued that is just robbing pete tore pay paul. chief congressional correspondent mike emanuel is live at the capitol following all of the bouncing balls. hey,...
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. >> gregg: first, with just over 48 hours to go until the fiscal cliff deadline, senate leaders are scrambling at this hour to cut a last minute deal avoiding massive year end tax hikes and spending cuts as president obama warns failure could mean, quote, a self-inflicted wound to the economy. mike emmanuel live. after a lot of focus on john boehner, kind of sounds like democrats and others are counting on the top senate republican to get a deal. is that about right? mitch mcconnell? >> that is spot on. this has been a lot of talk about senator mitch mcconnell's ability to be a deal maker. one area he's working on is the threshold for extending the bush tax cuts. the $250,000 mark has been what democrats have been pitching. negotiations seem to be heading toward keeping the current tax rate for those making up to $400,000, a key senate conservative sounds hopeful. >> i do think that something will happen over the next few days relative to the revenue piece and hopefully we can rescue most americans from a tax increase. but what we haven't dealt with again is the spending component.
. >> gregg: first, with just over 48 hours to go until the fiscal cliff deadline, senate leaders are scrambling at this hour to cut a last minute deal avoiding massive year end tax hikes and spending cuts as president obama warns failure could mean, quote, a self-inflicted wound to the economy. mike emmanuel live. after a lot of focus on john boehner, kind of sounds like democrats and others are counting on the top senate republican to get a deal. is that about right? mitch mcconnell?...
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Dec 31, 2012
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. >>> congress continues to bicker hours to the fiscal cliff. we go live to . >>> good morning 5:29 on this monday the last one of 2012. thanks for waking up and joining us this early morning i'm kristen sze. >>> and i'm katie marzullo in for eric thomas. last night of 2012 if you are going to be out in the bay area probably a big coat, mike? >> definitely breast warmly, don't worry about any wet weather. good morning. as we look at live dopplerwq[ú, picking up dry air, also seeing high clouds put another halo around the moon earlier this morning, beautiful sight we've had several times over the last week. not fog forming but frost out there watch out for that during the morning hours. this afternoon under partly cloudy skies, upper 40s to low 50s mostly sunny bay and inland low to mid 50s how about traffic if there is any. >>> mass transit is what we can talk the most about, no delays across the board. there is no ace train today or tomorrow. muni on a saturday schedule today. all mass transit offering extended hours to get you home for new ye
. >>> congress continues to bicker hours to the fiscal cliff. we go live to . >>> good morning 5:29 on this monday the last one of 2012. thanks for waking up and joining us this early morning i'm kristen sze. >>> and i'm katie marzullo in for eric thomas. last night of 2012 if you are going to be out in the bay area probably a big coat, mike? >> definitely breast warmly, don't worry about any wet weather. good morning. as we look at live dopplerwq[ú, picking up...
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Jan 1, 2013
01/13
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we are an hour a half away from the final fiscal cliff deadline that congress will now miss. we have not seen a piece of legislation on o the floor yet and we may still as we continue to monitor all things up and capitol hill. we have you covered. we also have you covered up at times square with ma megyn kely and bill hemmer up at times square. they are having more fun. keep it right here on fox. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. >> with hotwire's low prices, i can afford to visit chicago for my first big race and l.a. for my best friend's wedding. because when hotels have unsold rooms, they use hotwire so i got my hotels for half-price! >> men: ♪ h-o-t-w-i-r-e ♪ hotwire.com looking live. tim
we are an hour a half away from the final fiscal cliff deadline that congress will now miss. we have not seen a piece of legislation on o the floor yet and we may still as we continue to monitor all things up and capitol hill. we have you covered. we also have you covered up at times square with ma megyn kely and bill hemmer up at times square. they are having more fun. keep it right here on fox. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush...
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Dec 30, 2012
12/12
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WUSA
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with the country set to fall off the fiscal cliff in just hours, time is running out for congress to make a deal. and what a difference a day makes. on thursday, things looked bleak. >> speaker boehner is unwilling to negotiate we have not heard a word from leader mcconnell. nothing is happening. >> we wanted an agreement, but we had no takers. >> o'donnell: it took a trip to the white house and a package scolding from the president. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. >> o'donnell: but by week's end, senate leaders agreed to make a last-ditch effort to get a deal. >> so i'm hopeful and optimistic. >> i'm going to do everything i can. i'm confident senator mcconnell will do the same. >> o'donnell: we'll have the latest on what that agreement might look like but will it actually do anything to cut the deficit? and what happens nay don't get a deal? we'll hear from two senators who have been working together on deficit reduction, assistant majority leader dick durbin of illinois, and senator tom
with the country set to fall off the fiscal cliff in just hours, time is running out for congress to make a deal. and what a difference a day makes. on thursday, things looked bleak. >> speaker boehner is unwilling to negotiate we have not heard a word from leader mcconnell. nothing is happening. >> we wanted an agreement, but we had no takers. >> o'donnell: it took a trip to the white house and a package scolding from the president. >> the american people are watching...
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Dec 28, 2012
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the white house meeting on the fiscal cliff is less than an hour away. we will tell you which companies will be first to get slammed by automatic spending cuts and tax hikes and still ahead a critical weekend for retailers, analyst christian betts says shoppers have all the power right now. she is here coming up but as we do every day at this time we want to check how oil is moving. she's still the one for you - you know it even after all these years. but your erectiledysfun- you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anyme the moment's right. you can be more confident in your ability to be ready. and the same cialis is t only daily ed tablet approved to treat ed and symptoms of bph, like needingo go frequently or urgently. tell your doctorbout all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. s
the white house meeting on the fiscal cliff is less than an hour away. we will tell you which companies will be first to get slammed by automatic spending cuts and tax hikes and still ahead a critical weekend for retailers, analyst christian betts says shoppers have all the power right now. she is here coming up but as we do every day at this time we want to check how oil is moving. she's still the one for you - you know it even after all these years. but your erectiledysfun- you know,that...
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Dec 31, 2012
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we are just hours away from falling off the so-called fiscal cliff. tax hikes for nearly every american. lots of different ones. spending cuts of totaling more than a trillion dollars. by all indications, nothing, we mean nothing has changed on capitol hill. senate majority leader harry reid saying significant distance remains between the two sides. good morning everyone, i'm gregg jarrett in for bill hemmer here in "america's newsroom.". >> i'm heather childers in for martha maccallum the senate gavels in at 11:00 a.m. we'll see if there was some miracle overnight. gregg: i doubt that. yesterday, republican senate leader mitch mcconnell made an emergency call to the vice president joe biden in an evident to jump-start negotiations. heather: if no deal is haed out today, majority leader reid says he will call a vote on a separate white house plan that reflects's original proposal. gregg: chief correspondent mike emanuel kicks off the coverage. mike, where do the things stand in the fiscal cliff talks at this critical late-stage? >> reporter: gregg, th
we are just hours away from falling off the so-called fiscal cliff. tax hikes for nearly every american. lots of different ones. spending cuts of totaling more than a trillion dollars. by all indications, nothing, we mean nothing has changed on capitol hill. senate majority leader harry reid saying significant distance remains between the two sides. good morning everyone, i'm gregg jarrett in for bill hemmer here in "america's newsroom.". >> i'm heather childers in for martha...
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Dec 31, 2012
12/12
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KRON
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we are a few hours away from the so- called fiscal cliff. lawmakers will meet in about three hours to try and meet the midnight deadline. we will let you know all about that. before we get to that let us get outside and show you the san mateo bridge. a lot of people are off today. a lot of others heading to work. you can see cars moving along the bridge no problems. >> an ailing former president gets a big dose of medimiracle medicine. >> the oak ridge boys serenade for president george bush. he was admitted a month ago for bronchitis. last week he was described as having a stubborn fever >> barbara bush reached out to the oak ridge boys and gave a concert to one of their biggest fans over the phone spirit we as to what you want to hear in very quickly he said elvira. >> we sank some of it. and then one of his all-time favorites amazing grace. >> the first installment of of hobbit movie trilogy of one in $33 million in ticket sales. clinton tarantino django and change came in second. les miserable was third. >> people are afluter over the ka
we are a few hours away from the so- called fiscal cliff. lawmakers will meet in about three hours to try and meet the midnight deadline. we will let you know all about that. before we get to that let us get outside and show you the san mateo bridge. a lot of people are off today. a lot of others heading to work. you can see cars moving along the bridge no problems. >> an ailing former president gets a big dose of medimiracle medicine. >> the oak ridge boys serenade for president...
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Dec 28, 2012
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. >> as the likelihood of going over the fiscal cliff becomes greater by the hour, what does it mean to you, the american taxpayer, and your wallet. we have broken down the most important things everyone must know if we do in fact go over the cliff. joining me is charles payne and --. >> i'm actually with brite-bart news, just to let you know. >> okay, i apologize. let's start with the basics. what does this mean for the average american if, in fact, december 31st comes and goes we go over the cliff? keri? >> first of all, it will be like a twilight zone for a lot of people in the middle class. it's almost like you will have a number of people who were trying to actually get into the upper income levels and then all of a sudden rod sterling is going to come along and say, yeah, guess what, you are rich, but you are going to lose everything. for one thing, we are going to see the -- we are going to see a number of people lose their jobs. about 3.4 million jobs are projected to be lost according to the cbo. we are also going to see the obamacare tax hikes hit us if you don't have healt
. >> as the likelihood of going over the fiscal cliff becomes greater by the hour, what does it mean to you, the american taxpayer, and your wallet. we have broken down the most important things everyone must know if we do in fact go over the cliff. joining me is charles payne and --. >> i'm actually with brite-bart news, just to let you know. >> okay, i apologize. let's start with the basics. what does this mean for the average american if, in fact, december 31st comes and...
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Dec 31, 2012
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live look at the big board, dow is calm, nearly up four points before the 11th hour fiscal cliff >>> 52 in san francisco, san rafael, half moon bay and richmond san jose 55, oakland 54, concord 53. traveling today, no worries until youpc get near crescent city where we have a chance of being sideswiped by a shower there 49, tahoe 30, 36 yosemite today. warmer down south near 60 palm springs, san diego and l.a. take your sunglasses there. >>> let's check in with ron claiborne for what is coming up on "good morning america." >>> breaking news overnight secretary of state clinton in the hospital diagnosed with a blood clot the latest on her condition. plus, starting the countdown to midnight early this morning in times square, next on gma. >>> new york woman accused of shoving a man to his death in the subway erika menendez is well-known to police, arrested three times, she was raysed two days ago, 24 hours after she -- pushed a man into the path after oncoming train. she told police she hated muslims and hindus and pushed the man because he was muslim. she has been charged with murder
live look at the big board, dow is calm, nearly up four points before the 11th hour fiscal cliff >>> 52 in san francisco, san rafael, half moon bay and richmond san jose 55, oakland 54, concord 53. traveling today, no worries until youpc get near crescent city where we have a chance of being sideswiped by a shower there 49, tahoe 30, 36 yosemite today. warmer down south near 60 palm springs, san diego and l.a. take your sunglasses there. >>> let's check in with ron claiborne...
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Dec 31, 2012
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we're here today because there's no deal and we are hours away from the fiscal cliff. here with us now, republican senator from tennessee and member of the senate banking committee, senator bob corker. senator, thanks for being on the show. we appreciate it. >> good morning. >> robert gibbs was characterizing many republicans as 5-year-olds that will not eat their vegetables, and every time we try and get them to eat their vegetabl vegetables, they ask for a smaller and a smaller and a smaller pea and it gets down to one pea on a plate. is that fair? >> look, this whole thing's a national embarrassment. i think it's an embarrassment to the president, it's an embarrassment to both sides of the aisle and to both the house and the senate. >> how do we get out of it? >> well, first of all, i mean, whatever happens today is really inconsequential. it really doesn't matter. it's going to happen. we will have a solution, but as jeffrey was saying earlier, we still haven't moved any closer to solving our nation's problems. and so, now what will happen is this will be put off,
we're here today because there's no deal and we are hours away from the fiscal cliff. here with us now, republican senator from tennessee and member of the senate banking committee, senator bob corker. senator, thanks for being on the show. we appreciate it. >> good morning. >> robert gibbs was characterizing many republicans as 5-year-olds that will not eat their vegetables, and every time we try and get them to eat their vegetabl vegetables, they ask for a smaller and a smaller...
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eastern for the very latest on the fiscal cliff negotiations and possibly votes. up next, "meet the press," david gregory's exclusive interview with president obama. we'll keep you updated throughout the hour on any elements when it comes to the deal-making on capitol hill. ve a cold, announcer ] alka-selr plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook.
eastern for the very latest on the fiscal cliff negotiations and possibly votes. up next, "meet the press," david gregory's exclusive interview with president obama. we'll keep you updated throughout the hour on any elements when it comes to the deal-making on capitol hill. ve a cold, announcer ] alka-selr plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male...
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Jan 1, 2013
01/13
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just three hours until we head over the fiscal cliff. the large concern here is the impact that going over the cliff would have on the economy. now economists say look, it's not going to be a windfall on wednesday. it's not going to be a complete disaster all at once. but what could happen is that the markets could begin to respond on wednesday. they're closed of course tomorrow for the holiday. and then over time, the average american could wind up paying about $2,000 more in their taxes. and if we went over the cliff and stayed over the cliff for a significant amount of time, the economy could eventually begin to dip back into recession. and that is really the big concern here. you've heard president obama talk about those concerns when he has held some of these public campaign events. he held one today to pressure congress to act. he has talked about the fact that this is a really about americans and the economy and preventing the economic recovery from being harmed. milissa? >> kristen, there concern at all in the white house that if
just three hours until we head over the fiscal cliff. the large concern here is the impact that going over the cliff would have on the economy. now economists say look, it's not going to be a windfall on wednesday. it's not going to be a complete disaster all at once. but what could happen is that the markets could begin to respond on wednesday. they're closed of course tomorrow for the holiday. and then over time, the average american could wind up paying about $2,000 more in their taxes. and...
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Dec 28, 2012
12/12
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KGO
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we begin this morning with a new effort to avoid the fiscal cliff. it's an 11th-hour attempt to reach a deal. but lawmakers are not optimistic. >> wendy gillette is here with the latest. good morning, wendy. >> reporter: good morning, president obama will meet be lawmakers this afternoon. time is running out with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before the fiscal cliff deadline. >> i have to be very honest, mr. president. i don't know, time-wise, how it can happen now. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama
we begin this morning with a new effort to avoid the fiscal cliff. it's an 11th-hour attempt to reach a deal. but lawmakers are not optimistic. >> wendy gillette is here with the latest. good morning, wendy. >> reporter: good morning, president obama will meet be lawmakers this afternoon. time is running out with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before...
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Dec 29, 2012
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at the 11th hour, just when people were starting to lose hope on the edge of the fiscal cliff the president met with leaders and said he was modestly optimistic about a deal on taxes. meeting this the red room, president obama held firm for tax cuts for families making up to $250,000 per year, and joining me on the north lawn of the white house is kristen welker. kristen, let's listen to what the president said about and up or down vote or what he expects from the senate. >> i had a good and constructive discussion here with the leadership about this tax hike on the middle-class. i am optimistic that we can reach an agreement that will be passed in both houses. if an agreement is not reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor and up or down vote for the floor, and i believe a p proposal could pass both houses with majorities as long as the leaders allow it to actually come to a vote. if members of the house or the senate want to vote no, they can. but we should let everybody vote. >> kristen, this up or down vote seems to
at the 11th hour, just when people were starting to lose hope on the edge of the fiscal cliff the president met with leaders and said he was modestly optimistic about a deal on taxes. meeting this the red room, president obama held firm for tax cuts for families making up to $250,000 per year, and joining me on the north lawn of the white house is kristen welker. kristen, let's listen to what the president said about and up or down vote or what he expects from the senate. >> i had a good...
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Dec 30, 2012
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we're one day away from what most media are calling the fiscal cliff. if political concoction enacted by congress to frighten itself into passing deficit reduction measures which means unless congress acts in the next 48 hours the bush tax cuts will expire along with federal unemployment insurance and a broad package of the spending cuts including defense spending will take effect. do weeks of fruitless negotiations and john boehner and senate leader are working on a deal this morning to avoid the fiscal cliff, or as chris hayes and i call it, the fiscal curve. the deadline is soft. it's not like every american is going to be handed a bill on january 1st and there's way to manage the damage if the country goes over. the senate is set to convene this afternoon with the house to follow tonight. there's a chance that a compromise will be reached, less than 48 hours before tax rates revert to their clinton dasher are levels and board across the board spending cuts talk effect. when the president took to the podium friday afternoon to urge the law enforcemen
we're one day away from what most media are calling the fiscal cliff. if political concoction enacted by congress to frighten itself into passing deficit reduction measures which means unless congress acts in the next 48 hours the bush tax cuts will expire along with federal unemployment insurance and a broad package of the spending cuts including defense spending will take effect. do weeks of fruitless negotiations and john boehner and senate leader are working on a deal this morning to avoid...
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Dec 28, 2012
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four days before the fiscal cliff. four hours before a last-ditch meeting at the white house. it's still not clear whether a last-minute deal is even possible or whether this is now all about shifting blame. president obama and vice president biden are sitting down with house leaders. the guest list includes harry reid, who this time yesterday said he didn't see any way the fiscal cliff could be avoided. whatever the case, our chief white house correspondent jessica yellin will be watching. what can we really expect to come out of this meeting this afternoon? >> well, alina, we're not sure what really will come out of it. the ideal scenario would be if all sides agree to a scaled-down version of the fiscal cliff agreement that the president and spe speaker boehner had been discussing weeks ago and then senator mcconnell would agree that no republicans would block it in any way if he can promise that. he argues that he can't really make that promise but if e he could then speaker boehner would promise to bring it to a vote on the floor. all sides would shake hands and we'd have
four days before the fiscal cliff. four hours before a last-ditch meeting at the white house. it's still not clear whether a last-minute deal is even possible or whether this is now all about shifting blame. president obama and vice president biden are sitting down with house leaders. the guest list includes harry reid, who this time yesterday said he didn't see any way the fiscal cliff could be avoided. whatever the case, our chief white house correspondent jessica yellin will be watching....
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Jan 1, 2013
01/13
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the house of representatives is reconvening to consider the fiscal cliff deal. overwhelmingly approved by the senate in the wee hours of this new year. republicans meet at 1:00. the democrats are said to be going in now and that vice president joe biden who, of course, was key in making the senate deal happen, will be in that caucus, we're told. big questions, though, still outstanding. when might the house vote on this deal? can speaker boehner come up with the votes to pass it? or will republicans try to amend it and end send it back. good day. happy new year. i'm chris jansing. there are a lot of moving parts on capitol hill. let's get right to nbc's luke russert who is on the hill and where things stand. first, let's listen into the start of this session. >> the speakers are in washington d.c., january 1, 2013. i hereby hereby appoint the honorable robert j. dole to act as speaker in temporary on this day, signed john a. boehner, speaker of the house of representatives. >> the prayer will be offered by our chaplain father conroy. >> let us pray. eternal god,
the house of representatives is reconvening to consider the fiscal cliff deal. overwhelmingly approved by the senate in the wee hours of this new year. republicans meet at 1:00. the democrats are said to be going in now and that vice president joe biden who, of course, was key in making the senate deal happen, will be in that caucus, we're told. big questions, though, still outstanding. when might the house vote on this deal? can speaker boehner come up with the votes to pass it? or will...
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Dec 28, 2012
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WRC
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david gregory will interview president obama exclusively just hours before the fiscal cliff deadline. "meet the press" airs at 10:30 on monday morning. >>> police locked up tonight after a brazen crime spree. as jack write benson reports, one of the victims had choice words for those who were arrested. >> reporter: the occupants of this stolen car are -- i'm okay now. i just thank god he didn't hurt me. >> reporter: when sharon gardner first saw this nissan maxima, it was speeding away from the bp gas station with the man who had just stolen her purse in the backseat. >> i was in between vacuuming my car out. i was going from my driver's side to my passengers side. by the time i got to the trunk of my truck, he had immediately hurried up and took my pockbook. i had it on the floor. i had it covered up. >> reporter: someone had jotted down the tag number. gardner called the cops while the responding officer was still at the robbery scene, his police radio crackled with news. the speeding nissan had crashed head-on into a metro bus on southern avenue at wheeler road. gardner drove to th
david gregory will interview president obama exclusively just hours before the fiscal cliff deadline. "meet the press" airs at 10:30 on monday morning. >>> police locked up tonight after a brazen crime spree. as jack write benson reports, one of the victims had choice words for those who were arrested. >> reporter: the occupants of this stolen car are -- i'm okay now. i just thank god he didn't hurt me. >> reporter: when sharon gardner first saw this nissan...
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in less than an hour the house officially will clock in and take up the senate fiscal cliff vote for last night. here's what we know will happen after that. nancy pelosi will brief her democratic caucus at noon as well joined by a very special guest, vice president joe biden. at 1:00 p.m. eastern speaker john boehner briefs his caucus in what our own luke russert calls the most important meeting of the day. after that we should get a sense of when a vote would take place and whether the speaker will allow any amendments. we'll keep bringing you the latest information on that fiscal cliff deal. and of course every new year brings a series of new and sometimes kind of strange new laws. 2013 is no exception. here are just a couple. in illinois motorcyclists will not be able to proceed through a red light if it fails to change. even if it's broken they just have to stay there forever. >>> in kentucky it will no longer be legal to release feril or wild hogs into the wild. in florida, swamp buggies will now legally be considered motor vehicles. >>> all in all over 400 new laws are on the b
in less than an hour the house officially will clock in and take up the senate fiscal cliff vote for last night. here's what we know will happen after that. nancy pelosi will brief her democratic caucus at noon as well joined by a very special guest, vice president joe biden. at 1:00 p.m. eastern speaker john boehner briefs his caucus in what our own luke russert calls the most important meeting of the day. after that we should get a sense of when a vote would take place and whether the speaker...
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Dec 28, 2012
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time on latest details on the fiscal cliff talks. the financial sector on track for its biggest gain in nine years. what remains ahead for financials and what is at stake stake for the industry with the fiscal cliff looming? let's ask marty mosby, guggenheim bank analyst. let's talk about first, marty, we hear lloyd blankfein will be on phone to talk to president obama trying to garner his support, the president out of these ceos, but give us a sense what the banks are looking for out of any sort of negotiation on capitol hill as we proceed towards the cliff? >> well, the first thing that the banks would like to see is some, you know, at least some certainty and stability about how we're going to, get through this process and come out the other side. because as we're looking at either cutting spending or raising taxes those have impacts on the economic activity that these banks are going to be participating in. so some conclusions and some certainty. it will let them understand and prepare for what is going to be over the next three
time on latest details on the fiscal cliff talks. the financial sector on track for its biggest gain in nine years. what remains ahead for financials and what is at stake stake for the industry with the fiscal cliff looming? let's ask marty mosby, guggenheim bank analyst. let's talk about first, marty, we hear lloyd blankfein will be on phone to talk to president obama trying to garner his support, the president out of these ceos, but give us a sense what the banks are looking for out of any...
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with the country set to fall off the fiscal cliff in just hours, time is running out for congress to make a deal. and what a difference a day makes. on thursday, things looked bleak. >> speaker boehner is unwilling to negotiate we have not heard a word from leader mcconnell. nothing is happening. >> we wanted an agreement, but we had no takers. >> o'donnell: it took a trip to the white house and a package scolding from the president. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. >> o'donnell: but by week's end, senate leaders agreed to make a last-ditch effort to get a deal. >> so i'm hopeful and optimistic. >> i'm going to do everything i can. i'm confident senator mcconnell will do the same. >> o'donnell: we'll have the
with the country set to fall off the fiscal cliff in just hours, time is running out for congress to make a deal. and what a difference a day makes. on thursday, things looked bleak. >> speaker boehner is unwilling to negotiate we have not heard a word from leader mcconnell. nothing is happening. >> we wanted an agreement, but we had no takers. >> o'donnell: it took a trip to the white house and a package scolding from the president. >> the american people are watching...
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Dec 30, 2012
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cliff crisis. as the hours tick down, neither side is optimistic a deal wills be reach by the deadline.ti what will that mean for the american people?er eric? >> again, i'm on record assaying i was with you huddy s this morning saying we should name it the obama life and swan dive offit of it because it is the only way democrats will cut spending because they are forced into it.ap if a deal doesn't get struck the next couple of months people's pay checks will get smaller because payroll taxes will have expired. pay taxes a different way because the alternative minimum tax won't be patched and will have to be addressed as well. spending cuts over time willnk happen as well.st i think the stock market will get hit hard. here i am saying let's do thiss i have the most to lose of anyk one i know. it is the o only way to fix thh economy. economy. >> okay. take us through what each side is wanting. >> here's what the deal is. president obama wants tax cuts to expire for everyone except those making $250,
cliff crisis. as the hours tick down, neither side is optimistic a deal wills be reach by the deadline.ti what will that mean for the american people?er eric? >> again, i'm on record assaying i was with you huddy s this morning saying we should name it the obama life and swan dive offit of it because it is the only way democrats will cut spending because they are forced into it.ap if a deal doesn't get struck the next couple of months people's pay checks will get smaller because payroll...
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Dec 29, 2012
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good luck in washington now. >>> next hour we'll hear from more lawmakers about the fiscal cliff. we'll have senator bernie sanders from vermont he'll be here as well as representative karen bass of california. in our 1:00 eastern hour right here on msnbc. >>> we need to turn now to weather. a winter storm another one dropping snow in the northeast. take a look now. you know a lot of people -- just a few days away. we've got a little snow coming down here now actually. that's the spot a lot of people are going to gather. right outside the studios here, rockefeller plaza. but the new year's countdown they expect some million people to be out there when the ball drops. but when that ball drops, how bad is it going to be out there? are they going to be getting snowed on? dylan dryer, would you recommend going out there on new year's receive in. >> of course. it's new year's eve in new york city. but the snow will be gone by then. it is a snowstorm nonetheless and the roads and anyone traveling in the northeast will run into some issues. we've already seen some reports of pretty bad r
good luck in washington now. >>> next hour we'll hear from more lawmakers about the fiscal cliff. we'll have senator bernie sanders from vermont he'll be here as well as representative karen bass of california. in our 1:00 eastern hour right here on msnbc. >>> we need to turn now to weather. a winter storm another one dropping snow in the northeast. take a look now. you know a lot of people -- just a few days away. we've got a little snow coming down here now actually. that's...
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Dec 31, 2012
12/12
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special coverage of the fiscal cliff negotiations. but we wanted to tell you, once again, secretary of state hillary clinton has been hospitalized. that being confirmed this hour by phillipe rhines at the state department. in the course of a follow-up exam today, secretary clinton's doctors discovered a blood clot formed stemming from the concussion she sustained several weeks ago. she's being treated with anti-coagulants at new york presbyterian hospital so they can monitor the medication over the next 48 hours. her doctors will continue to assess her condition, including other issues that may be associated with the concussion and then determine if further action is required. you may remember that she had a severe stomach virus and became severely dehydrated, and then we learned, in the middle of december, that after she canceled an overseas trip, that she had fainted and because of that severe dehydration, and suffered that concussion, she also had to cancel her testimony on benghazi. we have been told that she was expected to go ba
special coverage of the fiscal cliff negotiations. but we wanted to tell you, once again, secretary of state hillary clinton has been hospitalized. that being confirmed this hour by phillipe rhines at the state department. in the course of a follow-up exam today, secretary clinton's doctors discovered a blood clot formed stemming from the concussion she sustained several weeks ago. she's being treated with anti-coagulants at new york presbyterian hospital so they can monitor the medication over...
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Dec 28, 2012
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cliff. we're just talking about politics, we're not talking about finances here. they have to go over the cliff. that strengthens boehner's hands because now everybody is paying a hell of a lot more taxes and people are blaming the republicans, and now boehner can go to the caucus and maybe get 200 and a few votes and then with nancy pelosi pick off a few democrats and make some kind of deal. having said that, the best thing for the country is never to come to a deal because ed rendell is right. as a former governor, we don't operate with big deficits. you can't do that and we're in trouble in this country financially. the long term and in the short term, yes, we'll have a recession. it won't be a bad one but it will be one and nobody wants a recession. in the long term i think wall street goes crazy and you will see 15,000, 17,000 in the dow because finally somebody has done something serious about the deficit. i don't believe they will if they come to an agreement. >> you know, governor re
cliff. we're just talking about politics, we're not talking about finances here. they have to go over the cliff. that strengthens boehner's hands because now everybody is paying a hell of a lot more taxes and people are blaming the republicans, and now boehner can go to the caucus and maybe get 200 and a few votes and then with nancy pelosi pick off a few democrats and make some kind of deal. having said that, the best thing for the country is never to come to a deal because ed rendell is...
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Dec 29, 2012
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cliff crisis. but as the hours tick down, neither side is optimistic. what will that mean for the american people? eric? >> again, i am on the record as saying, i was with you this morning saying i think we should name it the obama cliff and i think we should swan dive off of it because it's the only way democrats will cut spending because they are forced into it. if nothing happens, if a deal isn't struck over the next couple of months, people's paychecks will get smaller because payroll taxes will have expired. peopleville to pay in because the alternative minimum tax won't be patched. taxes will go up. spending cuts over time will happen as well. the stock market, i think the stock market will be hit hard. but again, here i am saying, let's do this. i have the most to lose of anyone i know. it's the only way to fix the economy. it's the best thing for the economy. >> okay. take us through what each side is wanting. >> here's what the deal is. president obama wants tax cuts to expire for everyone
cliff crisis. but as the hours tick down, neither side is optimistic. what will that mean for the american people? eric? >> again, i am on the record as saying, i was with you this morning saying i think we should name it the obama cliff and i think we should swan dive off of it because it's the only way democrats will cut spending because they are forced into it. if nothing happens, if a deal isn't struck over the next couple of months, people's paychecks will get smaller because payroll...
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we're waiting for the house of representatives to vote on a fiscal cliff deal that the senate passed early this morning. they have been in a conference meeting a little less than an hour. speaker boehner, majority leader eric cantor walking into that meeting. still waiting to hear how it is going. even before the meeting was called, cantor and other top republicans were saying they won't support the bill. the fate here is really uncertain. rich edson is live on capitol hill keeping track of this for us. rich, is there any word what specifically they're discussing in this meeting and whether or not they're making any progress? >> well, diane, the point here is whether or not to amend this bill, to change this bill or bring this bill, the proposal that passed the senate last evening up to the house floor to a vote. this is a decision that house republicans will have to make fairly soon here. they're getting pressure from a number of different folks, especially democrats who say, basically pressure them to hold a vote on it. >> we don't believe that compromise is a dirty word and unfort
we're waiting for the house of representatives to vote on a fiscal cliff deal that the senate passed early this morning. they have been in a conference meeting a little less than an hour. speaker boehner, majority leader eric cantor walking into that meeting. still waiting to hear how it is going. even before the meeting was called, cantor and other top republicans were saying they won't support the bill. the fate here is really uncertain. rich edson is live on capitol hill keeping track of...